Where Property Investors Made A 27.4% Return Last Year

Lisa Smith, BA (Hons), CeFA
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Property prices worldwide are still slowly increasing in the most attractive cities for investors, while home values are standing still or falling elsewhere.

The Chinese city of Guangzhou is the runaway leader – with a huge 27.4% rise in home values during 2017, compared with a worldwide average of a 2.1% increase.

Cape Town, South Africa (19.9%) and Aspen, Colorado, USA (19%) are the only places that come within striking distance.

The rest of the top 10 are spread around the world – with European cities taking four places, and South Korea, the USA and Australia the rest.

With a 25% price plunge, Lagos, Nigeria, was bottom of the 100 cities in the Knight Frank City Wealth Index listing prime property. Doha, Qatar, was next with a 15% drop.

Other cities with property value falls in double figures were Moscow, Russia (-11.3%); Umbria, Italy (-10.5%) and Abu Dhabi, United Arab Emirates, with Evian, France, both with a 10% decrease.

Houses price rises: Top 20 global cities

RankCityCountry% Change
1GuangzhouChina27.4%
2Cape TownSouth Africa19.9%
3AspenUSA19.0%
4AmsterdamThe Netherlands15.0%
5SeoulSouth Korea13.2%
6FrankfurtGermany12.9%
7SeattleUSA12.2%
8ParisFrance12.0%
9SydneyAustralia10.7%
10MadridSpain10.6%
11MunichGermany10.0%
12Buenos AiresArgentina9.9%
13BerlinBerlin9.9%
14MelbourneAustralia9.8%
15ShanghaiChina9.2%
16TorontoCanada8.7%
17Hong KongChina7.3%
18BarcelonaSpain7.2%
19Mexico CityMexico6.9%
20BeijingChina6.7%

 

Source: Knight Frank

Houses price rises: Bottom 20 global cities

 

RankCityCountry% Change
81IbizaSpain-1.7%
82VerbierSwitzerland-1.7%
83DelhiIndia-2.3%
84BengaluruIndia-2.4%
85DubaiUnited Arab Emirates3.3%
86TapeiTaiwan4.3%
87St TropezFrance-5.0%
88Barbados-5.0%
89RiyadhSaudi Arabia-5.0%
90BodrumTurkey-6.0%
91British Virgin Islands-6.0%
92St PetersburgRussia-7.4%
93VeniceItaly-7.5%
94Rio de JaneiroBrazil-8.8%
95Abu DhabiUnited Arab Emirates-10.0%
96EvianSwitzerland-10.5%
97UmbriaItaly-10.5%
98MoscowRussia-11.3%
99DohaQatar-15.0%
100LagosNigeria-25.0%

 

Source: Knight Frank

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